Key Market Movements
CrowdStreet, a provider of an online commercial real estate investment marketplace, raised $8 million of Series B venture funding in a deal led by Grotech Ventures on July 31, 2018, putting the company's pre-money valuation at $40 million.
CapitalRise, an online property investing platform intended to help investors invest directly in real estate companies, raised GBP 2 million of seed funding from Raakhe Tandon on May 8, 2018. The company's platform charges no fees, provides direct access to some of the finest real estate properties, and helps startup companies raise funding through crowdfunding campaigns, enabling investors to earn returns on investments per year.
BrickX, an online trading platform for investments in residential property, raised $10 million of Series A venture funding from Reinventure Group and NAB Ventures on February 28, 2018. The company's online trading platform allows users to invest by dividing properties into parts and allows investors to earn rental income on the amount invested, enabling investors to make small, affordable investments and earn returns on their savings.